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Taxpayer ass pounded in 3... 2...
Wont be taxpayers.
Neodrachma in Cyprus and Greece coming
Greece is completly out of the Euro(will be kicked sooner o later in 1-2-3 years), the problem then is for Credit Agricole who stores 33.000 Mn Euros in Loans will Greek Shippers and Bulkers firms....Just awesome...All Wet paper...
Devaluation-------> --------> In all Periphericals + Italy and Belgium ( CDS soaring next months)
Finally the system will be restored with Gold and Silver as main hard asset currency linked weighted average basket.
eurozone in deflation due to default, which direction is the currency going?
Default in the sovereign regime leads to currency collapse, not the opposite.
They gave us the alpha, they sure as hell will give us all the Omega too.
But again, greece is the side-show. It's Spain. It's Spain that is being Bulwarked, because it is not as bad as Greece.
When Portugal truely goes "Uncle", it shall rain in Spain.
Also, Dollar kaput date seems to be August 15th. Some big ECB move will happen that day too. Look for things/signs that point to that being some sort of culmination/tipping point.
Okay, I'll bite...
Why 15 August?
P.S. I saw the video trailer. It was very nice music.
I have often asked myself, too, "where do I fit?" More commonly, I reach another question entirely: do I fit at all? Even amongst family and friends, there seems to be a distinct disconnect as everyone seems to be inside their own head and rolling toward their own agenda. I would suppose that I am guilty of this, as well.
Thinking on how to correct this situation, I have been led to an idea of openness; of opening my mind and heart in its purest form to everyone and eveything around me. I find it physically taxing and emotionally draining, though. I suppose that I could get better at it with practice.
Any advice you have toward this idea would be appreciated.
;-) Thanks for playing Orly.
Because I saw a sign on the road as clear as day, to a sign watcher anyways. Plus, of course, 40th anniversary of the great August 15th 1971 Nixon window crunch on french fingers.
Look at the pattern repeat itself eh? Rhyme anyways, with DSK being clearly targeted for tarring and feathering, guilty or otherwise. It's the old Franco-Prussian war that never ended. Perhaps now we'll see Sarkozy's Gaddaffi connection being washed in public... pow-pow, France in dis-array....
US is of course a proxy state for the 4th you know what in this 4 numbered year.
Also interesting, the historical 40 year life of fiat currency.
And to your question, I ask why Orly? Why open your-self to a rather vampirish time, energetically speaking? Not in this time. Just dive in and find your authentic self. Then you just are who you are and it is never tiring to be you, you know what I mean? It is the pretense that is taxing, not so much that people drain you. Find Orly and then all questions end. I'm not quite there myself, but I've seen flashes.
I try to live as pretense free as possible, and while it is a tad isolating, worth it.
Glad you liked the muse-ic! :-)
Okay, signs. I am a firm believer; not as some mysticism but in the belief that once multiple waves are set into motion, their resonant frequency will eventually come to being "in tune."
In which calendar is this a fourth numbered year? Please explain.
As far as the Franco-Prussian war that never ended, I can say that our debts to the French, from the American Revolution, have been paid up and they shouldn't rely on the US saving their asses this time. In fact, there is such a disdain in this country currently for the French (has that been manufactured, or is it real?) that it wouldn't surprise me if the US were to take an active role in solving this European mess, only this time on the side of the Germans.
Remember that the German language lost by one vote in regard to being the national language of the United States. French may have been considered but not by much. Our language and ideals, it seems, are mostly aligned with those of the Germans, so it would behoove the French to take note and not rely on Uncle Sam coming to their rescue any time soon.
Sorry for the off-topic, folks...
But, ORI, I have responsibilities to others and just "being me" would be difficult when I have so many roles to fill. It seems the mother's place is to be "vampired" upon anyway. I can see no way to avoid it completely.
I will look for these flashes myself, then try to remember the key to the puzzle I saw to get there.
The bit about German as potential national language always surprises people. yes, I knew and that is what I'm hinting. US is 4th R. France and a lot of Africa is French. ooooh!
We shall see. By the way, 2011 = 2+1=1 = 4, like that. And don't let anyone tell you that the gregorian calendar is just some made up and oft changed system. For th epeople who know, it is spot on. It does tend to bias the outcomes too though.
But on off topics, feel free to dive in via blog or e-mail. Lots to say on the self-hood. Try this for size:
So we have US, UK und Deutschland as the new Axis powers, which will then pillage French Africa for minerals, rare or otherwise.
The Chinese have invested a lot of time in the "Public Relations" department on the continent but that is all they have: PR. No jets, no bombs, no ships. While the Russians have enough oil and gas to sit this one out easily and watch as the pieces fall away from their once-vast empire. At least Putin can say, "Hey, I got mine."
If that is the case (and you saw my post the other day in regard to your discovery of "palingensia," so you know it will be the Fourth Reich... #1315453 ), there is no one who can stop this juggernaut. And taking the conspiracy a little further, perhaps Germany allowed the conceited French idea of a unified Europe, knowing it wouldn't work and also knowing that they hold all the cards in the game. It is probably an original German saying to give someone enough rope to hang themselves.
Why wouldn't the Germans go along and sponsor "pan-Europeanism"? It is what they have been after for two hundred years, isn't it? In this way, they have the ability to subterfuge any Continental economy they choose and can easily win all of Europe without a single Dresdener being sent to the front. Forget the Maginot Line; the French just let them right in the garden door at lunchtime.
Of course, all of this couldn't have been done without the complicity of the US cabal- the shadow government.
So tell me, comment dit-on, "Ooops!" en Francais?
<Remember that the German language lost by one vote in regard to being the national language of the United States.>
Quite an exaggeration -
An urban legend, sometimes called the Muhlenberg legend after Frederick Muhlenberg, states that English only narrowly defeated German as the U.S. official language. In reality, the proposal involved a requirement that government documents be translated into German. The United States has no statutory official language; English has been used on a de facto basis, owing to its status as the country's predominant language.
Muhlenberg was a member of the Continental Congress in 1779 and 1780, and served in the Pennsylvania House of Representatives from 1780 to 1783. He was elected its speaker on November 3, 1780. He was a delegate to and president of the Pennsylvania state constitutional convention in 1787 called to ratify the Federal Constitution. He was the first signer of the Bill of Rights.
He served as a delegate to the First and to the three succeeding United States Congresses (March 4, 1789–March 4, 1797). Muhlenberg was the also the first Speaker of the United States House of Representatives, including for the First Congress (1789–1791) and Third Congress (1793–1795). He did not seek renomination in 1796.
In 1794, during Muhlenberg's second tenure as Speaker, the House voted 42-41 against a proposal to translate some of the laws into German. Muhlenberg, who himself abstained from the vote, commented later, "the faster the Germans become Americans, the better it will be."
I stand corrected...with a caveat.
If there were no official language and the translation and documentation of US law into German was as close as we got to it, then I would say that we still came pretty close to having German as our official language.
"the faster the Germans become Americans, the better it will be."
I wish I knew in what context he made this remark. If he meant by language, then it is clear that the entire world became Americans because it is obvious that American English is by far the most common language in the world.
If he meant that they become a peace-loving agrarian nation, then he was wrong by 180 degrees.
More people in the World speak Chinese than English, but English is the language of choice for commerce.
You know that there are more Chinese speaking English than there are Americans speaking Chinese? ;-) Not just in percentage terms, in plain numbers dude!
dear Orly, many organize their home, shoes or time, but few organize their attention. personally i live close to my heart but keep my attention in the present moment via focusing at least 30 % of my attention at the inner eye. beats hell out of being scattered. In the past, having employees i notice after lunch their bodies are still on the job, but the mind/thought are already at home or at the bar. Its the same with travelers mentally already there, thinking about THERE and all the while failng to be fully here. Attention and its focus, as well as our imagination powers are steadily being used and warred against by media, advertisements etc. Seems they all want our ATTENTION while we personally do often not claim it, control it or exercise it. The being that we really are is using the body and mind as the anchor to be in this material illusiory world. Failing to use it properly one becomes..merely human. we are not the suit we wear,nor the body but that is forgotten by many and the cause of the disconnect.
I do not care for many outercovers of the beings we share this planet with, but recognize all that lives as family.
Thanks for that. Toward what I was asking ORI about, it is very difficult to be "one's-self" when there are so many selves I must be during the day. When I am open and uncompartmentalised, I can see and participate in all that is around me but the extra freedom of mind is very taxing because I have to coniously stay in that mode.
One would think that it would be the opposite; that if one were to be one person always, then that would save energy of "shifting" out of personae and so would be easier. I have found the opposite to be true in that my attention must be given to a certain task and for that task, I wear a particular hat. It is easier to don the hat than it is to re-learn the task in my "open" self.
I think most people are this way and that is why they are already in the bar after lunch. They can only wear the hat for so long before it becomes wearying. Humans have a need to shift quite frequently but, at the same time, they also have a need to stay in the mode for that given period.
To be all things to everyone always is a sure way to get beaten down.
"Attention and its focus, as well as our imagination powers are steadily being used and warred against by media, advertisements etc. Seems they all want our ATTENTION while we personally do often not claim it, control it or exercise it."
For this reason, I mostly disagree with Cognitive Dissonance's posts. People aren't as susceptible to mass media and brainwashing as he presumes. Most people couldn't care less and that is because they already have too many hats to wear and their compartmentalisation doesn't allow for them to take on any more information. The rest is seen as noise.
I would suppose he could easily argue that there is some subliminality to the whole thing and that that's how they get you. I would contend that people don't care about that crap and it is pure noise to them, with almost no effect whatsoever on their attitudes.
None of this really matters until it does.
Orly, You are correct re many hats is better, worst is to be stuck in under just one and that seems true for so many , mostly men. I am a male and still learning sensitivity and flow. Glad you are getting some responses, because i think the work we all must do on ourselves is more important than the work we do to keep our suits. HAVE A BETTER DAY.
It remains tiring, but sometimes that same openness is also there to recharge you. It is honesty, and honesty makes you see the world more clearly, as well as showing yourself more clearly. I advocate it. Taking this kind of spiritual high ground tends to make all your shit come to the surface. that lets you deal with it, but it can be a tiring decade or so. That's what we're in for anyway.
Wishing you the best success.
NO dollar kaput. Aug 15 will come and go, no rapture, you don't get to pass go, and your 200 bucks will still be the official reserve currency, with which you'll just about be able to fill up the tank on your monster deisel pickup truck.
No big ECB move- at best, Greece will make some concessions in sovreignity... DSK was taken out for all these reasons. A Greek default is assured... no more SDRs (think Libya... if you want a Philosopher's stone to figure out why NATO is blowing the living shit out of that country, just say "SDR's".)
The winner? The dollar bill. The loser? Everybody who doesn't sit in a boardroom of Goldman Sachs, JP Morgan or the US Fed. The why? Better brush up on your understanding of esoteric symbolism...
Of course, you're right about Spain and Portugal. There will be collateral damage... do't take it personally, it's just business...And all of it is just a juggling act, with flaming swords and razor-sharp ninja star now tossed into the mix.
I agree. The system has a remarkable ability to carry on. Someday it won't be able to, but I wouldn't want to bet on Aug 15 as the day of destiny.
As for DSK, I now think he was only "taken out" in the sense that his bad behavior wasn't papered over, looked the other way this time. I'm quite sure he did everything he is accused of doing. It must have come as quite a shock to him when the police pulled him off that plane. It was probably the ultimate "do you know who I am?" moment.
Why cannot Greece leave EUR and EU and stay outside similar to Switzerland and Norway. Switzerland and Norway are doing well.
Maybe because Norway is completly different to greece financial culture.
Norway has tech, good financial culture, prolly the best european Sovereign Wealth Fund, Resources (Rich in oil lands)
Greece is a default country and haircuts will be awesome yes or yes. So dilution is whole European banks is 100% sure. (all this about DSK is one more smokescreen to earn some time and take a brighter pic about TragYcomedY STressTest in Banks....all ECB big heads should be prosecuted)
I do not think that Norway is completely different. Greece simply needs its own currency and its own rules. The currency would devalue. The rules would allow independent trade with countries outside the EU - similar to Switzerland. Greece history, food, nature make it such a nice country, very open and very human. Greece cannot be bankrupt without "help" from outside. You cannot bankrupt people eating the food they grow under the sun.
LOL you're funny. Look at the CDS spreads of Norway, Switzerland and Greece. (And the US, if you're so inclined)
Switzerland and Norway are extremely wealthy, which is one of the reasons why they didn't join the EU. It's not that they are extremely wealthy because they didn't join. Chicken vs. egg debate here
I think it's because Greek debt is denominated in Euros, so they can't monetize with drachmas.
Greece, Fuck austerity. Go Icelandic Viking on their EU asses.
EDIT: Better yet, head to the Parthenon and beseech Athena
drachma goes to 0 then.
currencies are "backed" by debt, including sovereign. When that debt shows as unpayable and defaulted, it's the same as if you backed a currency with gold in a vault and the vault was empty.
Whoa... Guess that is why we are not auditing Fort Knox....
Time to default and start the domino effect!
I love dominoes!
it's all a joke,they can't repay.
It's amazing how anyone lent money to this people at german rates.
Greece and spain will repay with olives!!!
we could sell Balearic Islands in order to swap our Debt with Germany..._)
Would you consider splitting them up?
I only want Ibiza.
That's the part I don't get. If they can't pay their current debt load, how will they pay an even larger debt load. It seems that the ECB/IMF think that (A) the Greek economy will stage a miraculous recovery if given a little more time (B) the benefit of kicking the can down the road one last time is more than the risk of a bigger default in the future or (C) they really think they can usury the Greeks into turning over ownership of their entire country.
I'll take C.
Well, at least you can eat olives.
For us to go on a gold standard, central banks have to keep slowly acquiring gold. Then gold has to rise in price high enough to offset all soverign debt. That is going to take some time. I agree, they will sacrafice some countries along the way and then make a stand, probably with Spain. When that stand breaks, there will panic everywhere, gold will ramp in the last panicked buying, and the central bankers will step in to "save the day." The Pope will make Bernanke an honorary Catholic, and he will be cannonized for the miracle of making the debt disappear, along with our bank accounts.
What are all these southern europens going to do, really? All go to London or Berlin and work as waiters?
The domino effects and haircuts will be felt by the whole of europe, thats for sure.
... Or move to Germany and collect unemployment benefits from the German taxpayer ...
That is precisely why Greece would probably be forced to exit the EU and not just the euro zone.
Yes. This just can't happen. Sure all accross europe there are migrants from all over the world that somehow go to the front of the list for free housing, that reproduce while native populations stagnate, that don't work etc etc...yet adding to the dependents at a time like this is just, in effect, further money printing that will hasten the decline of the currency.
The irony is we've accepted these people from all over the world, when we'd actaully prefer other western europeans.
This leaves us with the question: if emmigration is not the answer...what are these people going to do!! 30-40% unemployment can't last without revolution. Thats why these people on the streets aren't going away, just like they didn't in egypt.
"The Eurogroup is doing research for reprofiling -- what can you do on reprofiling? Is it possible without a credit event?"
"The Eurogroup is doing research for reprofiling -- what can you do on reprofiling? Is it possible without a credit event?"
Which seems to be what it's all about.
One such credit event could be the touch-paper that sparks a derivative meltdown.
In 1345, English King Edward III defaulted on his debts to key Venetian and Florentine banks... the result? Just the Black Plague and 200 years of Dark Ages.
Bring on the deflationary hyperinflation tsunami, bitchez!
deflationists misunderstand "fiat" currencies backed by debt.
When the debts default, it makes the paper backed by them worthless not more worthful.
King Edward did not cause the Black Plague, dude.
Declining credit is deflation...systemic and sudden default (which is INEVITABLY reached at some point in the deflation cycle) is the hyperinflation.
"King Edward did not cause the Black Plague, dude."
I know, right? I thought some of my stuff was out there...
You’ve got to hand it to the IMF / EU / FED / Etc – They’ve created unified global opposition to Government in a few short years. Before, there was seething unrest, but most people did not quite understand who the villains were or what there motives were. Now people can see clearly that the problem is the bankers and their control over politics.
The question is how long to the entrenched interests of the banking and political classes prevail over the interests of the general population.
Bailouts prevent reforms (see how TBTF worked).Consequences interrupted. The status quo is NOT going to give up their their advantages and privileges, without a fight.
The bankers will maintain their fantastic delusions until it becomes clear that the supply chains that bring food to market in the big cities has broken down.
A fiat system can’t work outside a context of growth and private (voluntary) credit expansion. Without expansion, there’s simply no new cash to feed all the previously issued bonds and rents – and the system crashes.
‘Government’ borrowing just makes things worse by increasing future implied taxation, which adds deflationary pressures and expectations to the economy. The central bankers can’t possibly restore growth – all they can do is create inflation by debasing the money supply.
So here’s the fork in the road – to the right (deflation, austerity), producers of food will not be able to finance working capital. To the left (inflation, currency debasement), producers of food will realize they’re better off just keeping their produce and bartering for trade.
Either way, foods that find their way to grocery stores in London, NY, etc will disappear. That’s when the game ends.
not what happened in Argentina.
The vestiges of the political system preserved the cities because that is where the voters are. Even in systemic bankruptcy and State default, there are still cards to play. Never forget that.
and the bankers won't let the population lynch them without relocating to asia with sacks full of gold
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